MGX Resources (MGX) Corporate presentation summary

Strategic direction and business overview

• Targeting transition to a new Australian gold producer within three years, leveraging a robust balance sheet and no bank borrowings.

• Recently acquired a 50% interest in the Central Tanami Project Joint Venture (CTPJV), marking a strategic pivot to gold and base metals.

• Completed the sale agreement for Koolan Island iron ore assets for up to $25.2 million, with transfer of $30 million in rehabilitation obligations.

• Holds a portfolio of junior company investments to support growth in precious and base metals.

• Supported by experienced management and long-term major shareholders.

Financial position and shareholder structure

• Market capitalisation of A$407 million with A$412 million in cash and investments as of 30 June 2026.

• No bank borrowings, maintaining a strong financial position.

• Shareholder base includes significant institutional, retail, and management holdings.

Central Tanami Project JV (CTPJV) highlights

• 50/50 JV with Tanami Gold NL, featuring JORC 2012 Mineral Resources of 31 Mt at 2.8 g/t Au for 2.8 Moz gold.

• High-grade Groundrush deposit contains 11 Mt at 3.3 g/t Au for 1.2 Moz.

• Over 50 known gold deposits and historical production of 2 Moz, with initial focus on Groundrush, Jims, and Ripcord deposits.

• Existing infrastructure includes haul roads, water borefield, accommodation, and airstrip, with upgrades underway.

• Acquisition completed in February 2026 for $50 million, equating to $36/oz resource multiple.